District Court Vacates Revised Federal Premerger Notification Process; Ruling Currently Stayed by Fifth Circuit

On February 12, 2026, a judge in the Eastern District of Texas vacated the 2024 final rule that implemented extensive revisions to the federal premerger notification process, ruling in favor of the U.S. Chamber of Commerce and other business organizations that had challenged the rule as unlawful under the Administrative Procedure Act (“APA”).... By: Hinckley Allen